Australia’s dollar slipped to a five-month low after minutes from the central bank’s latest policy meeting showed it is likely to lower interest rates again.
AUD/USD fell for a fifth day, losing as much as 0.3% to 0.6833
“Members agreed that it was more likely than not that a further easing in monetary policy would be appropriate in the period ahead,” according to minutes of the Reserve Bank of Australia’s June 4.
Source : Bloomberg